Ryanair CEO Michael O'Leary has failed to make a bid for bankfrupt German airline Air Berlin. O'Leary has accused Air Berlin of conspiring with Lufthansa to create a monopoly.
Irish budget carrier Ryanair has announced it's buying a stake in new Austrian leisure airline Laudamotion. The move will help Ryanair secure a bigger foothold in Germany and Austria where it competes with Lufthansa.
Lufthansa has canceled hundreds of flights on Tuesday, as Germany braces for mass public sector strikes. Germany's largest airport in Frankfurt has warned of "significant delays and cancellations."
Austrian airline Niki has filed for bankruptcy protection after German carrier Lufthansa withdrew its takeover bid for the former Air Berlin subsidiary. Now passengers are stranded across Europe.
From chocolate hearts to leather seats, Air Berlin fans have thousands of items to bid on. The items are expected to have cult status among collectors, according to the auction house's managing director.
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